LAWRIS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LAWRIS
Largest movements
- Receivables within one year -€1.0m
down €1.0m (-22.5%), from €4.5m to €3.5m
of which Other amounts receivable: -€1.1m
- Current investments +€911,442
new in 2025: €911,442
- Deferred charges and accrued income -€86,175
down €86,175 (-100%), from €86,175 to €0
- Tax, wage and social debts -€206,452
down €206,452 (-88.9%), from €232,118 to €25,667
of which Taxes: -€206,452
- Financial income -€3.8m
down €3.8m (-99.6%), from €3.9m to €16,830
of which Financial income: -€3.9m
- Financial charges -€1.5m
down €1.5m (-99.1%), from €1.5m to €13,209
of which Non-recurring financial charges: -€1.5m
- Taxes -€250,847
down €250,847 (-93.8%), from €267,456 to €16,609
- Gross operating margin -€136,424
down €136,424 (-70.5%), from €193,610 to €57,186
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,819,971 | €4,622,823 | -€197,148 | -4.1% |
| Fixed assets | 21/28 | €61,669 | €22,645 | -€39,024 | -63.3% |
| Tangible fixed assets | 22/27 | €31,669 | €22,645 | -€9,024 | -28.5% |
| Furniture and vehicles | 24 | €31,669 | €22,645 | -€9,024 | -28.5% |
| Financial fixed assets | 28 | €30,000 | €0 | -€30,000 | -100% |
| Current assets | 29/58 | €4,758,302 | €4,600,178 | -€158,125 | -3.3% |
| Amounts receivable within one year | 40/41 | €4,548,841 | €3,526,204 | -€1.0m | -22.5% |
| Trade receivables | 40 | €382 | €97,378 | +€96,996 | +25,380% |
| Other amounts receivable | 41 | €4,548,459 | €3,428,826 | -€1.1m | -24.6% |
| Current investments | 50/53 | - | €911,442 | +€911,442 | |
| Cash at bank and in hand | 54/58 | €123,286 | €162,532 | +€39,245 | +31.8% |
| Deferred charges and accrued income | 490/1 | €86,175 | €0 | -€86,175 | -100% |
| Total equity and liabilities | 10/49 | €4,819,971 | €4,622,823 | -€197,148 | -4.1% |
| Equity | 10/15 | €2,852,347 | €2,885,851 | +€33,504 | +1.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €2,752,347 | €2,785,851 | +€33,504 | +1.2% |
| Distributable reserves | 133 | €2,752,347 | €2,785,851 | +€33,504 | +1.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €140,000 | €140,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €140,000 | €140,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,827,624 | €1,596,972 | -€230,652 | -12.6% |
| Amounts payable within one year | 42/48 | €1,827,624 | €1,595,164 | -€232,460 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,092 | €4,308 | +€2,216 | +106% |
| Suppliers | 440/4 | €2,092 | €4,308 | +€2,216 | +106% |
| Taxes, remuneration and social security | 45 | €232,118 | €25,667 | -€206,452 | -88.9% |
| Taxes | 450/3 | €232,118 | €25,667 | -€206,452 | -88.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,593,414 | €1,565,190 | -€28,224 | -1.8% |
| Accrued charges and deferred income | 492/3 | €0 | €1,808 | +€1,808 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,024 | €9,024 | = | 0.0% |
| Other operating charges | 640/8 | €2,340 | €1,671 | -€668 | -28.6% |
| Gross operating margin | 9900 | €193,610 | €57,186 | -€136,424 | -70.5% |
| Operating profit (loss) | 9901 | €182,246 | €46,491 | -€135,755 | -74.5% |
| Financial income | 75/76B | €3,864,002 | €16,830 | -€3.8m | -99.6% |
| Recurring financial income | 75 | €3,864,002 | €8,005 | -€3.9m | -99.8% |
| Non-recurring financial income | 76B | - | €8,825 | +€8,825 | |
| Financial charges | 65/66B | €1,484,171 | €13,209 | -€1.5m | -99.1% |
| Recurring financial charges | 65 | €14,171 | €13,209 | -€963 | -6.8% |
| Non-recurring financial charges | 66B | €1,470,000 | €0 | -€1.5m | -100% |
| Profit (loss) for the period before taxes | 9903 | €2,562,077 | €50,113 | -€2.5m | -98.0% |
| Income taxes | 67/77 | €267,456 | €16,609 | -€250,847 | -93.8% |
| Profit (loss) for the period | 9904 | €2,294,621 | €33,504 | -€2.3m | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,294,621 | €33,504 | -€2.3m | -98.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.